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Peloton revamps equipment, launches commercial unit and raises prices ahead of holidays
The entrance to the Peloton offices in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Peloton on Wednesday said it’s relaunching its product assortment, introducing a commercial equipment line and raising prices for both subscriptions and hardware as the company looks to reignite growth ahead of the holiday shopping season. The revamped assortment includes […]
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Nvidia’s market cap tops $4.5 trillion after string of AI infrastructure deals
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia shares reached a fresh record on Tuesday, climbing almost 3% and lifting the chipmaker’s market cap past $4.5 trillion. The stock is now up about 39% for the year, and continues to […]
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Trump is wielding the power of the state to back critical mineral companies. These are the possible next targets
The Trump administration needs to strike multiple deals with U.S. miners to secure the nation’s supply chain against China, said Mark Chalmers, CEO of Energy Fuels, a miner focused on uranium and rare earth minerals. The Pentagon decision to take an equity stake in MP Materials, the largest U.S. rare earth miner, in July and […]
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Here are the most overbought stocks due for a decline. Intel leads the list
Intel shares may be getting bit long in the tooth, at least in the near term. The chipmaker rallied around 21% this week after the Wall Street Journal reported Intel had reached out to Apple and Taiwan Semiconductor for a potential investment. The Journal also said the U.S. was planning a push for chipmakers to […]
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How a ‘nudify’ site turned a group of friends into key figures in a fight against AI-generated porn
In June of last year, Jessica Guistolise received a text message that would change her life. While the technology consultant was dining with colleagues on a work trip in Oregon, her phone alerted her to a text from an acquaintance named Jenny, who said she had urgent information to share about her estranged husband, Ben. […]
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Stocks making the biggest moves midday: Boeing, Paccar, Intel, Mirion Tech and more
Check out the companies making the biggest moves midday: Paccar — The maker of Peterbilt trucks jumped 5% after President Donald Trump slapped a 25% tariff on imported heavy trucks starting Oct. 1. Boeing – The aircraft maker rallied more than 4% after Turkish Airlines ordered 75 Boeing 787 aircraft and said it completed negotiations […]
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Stocks making the biggest premarket moves: Paccar, Intel, RH, Riot Platforms and more
Check out the companies making the biggest moves in premarket trading: Paccar — The maker of Peterbilt trucks jumped 7% after President Donald Trump said slapped a 25% tariff on imported heavy trucks starting Oct. 1. Intel — The chip company added 4.4%. The Wall Street Journal reported Intel has approached Apple , Taiwan Semiconductor […]
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Nvidia’s $100 billion OpenAI deal showcases chipmaker’s growing investment portfolio
Nvidia CEO Jensen Huang gestures as U.S. President Donald Trump (not pictured) delivers remarks during the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia this week said it’ll invest $100 billion into OpenAI in a deal that highlights just how big the chipmaker’s investment portfolio has […]
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China’s Xiaomi is planning a next-gen phone chip, but won’t release one yearly like Apple
In this photo illustration, the logo of Xiaomi’s XRing O1 chipset is seen on May 19, 2025 in Beijing, China. Xiaomi CEO Lei Jun announced on the evening of May 15 that the company’s self-developed smartphone SoC, XRING 01, will be officially launched in late May. Vcg | Visual China Group | Getty Images Chinese […]
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Santoli’s Thursday market wrap-up: Few reasons to believe this pullback is the Big One
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) There aren’t many reasons to believe this market pullback is the Big One, but might it become a bigger one? The setup entering the week opened the way to some retrenchment: The S […]
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